Japan Heads to Polls to Vote

Voters were expected to return Japan’s conservative Liberal Democratic Party (LDP) to power in an election on Sunday after a three year hiatus, giving ex-Prime Minister Shinzo Abe a chance to push his hawkish security agenda and radical economic recipe.

An LDP win would usher in a government committed to a tough stance in a territorial row with China, a pro-nuclear power energy policy despite last year’s Fukushima disaster and a potentially risky prescription for hyper-easy monetary policy and big fiscal spending to beat deflation and tame a strong yen.

Media surveys have forecast the LDP will win a big majority in parliament’s powerful 480-seat lower house, just three years after a devastating defeat that ended more than 50 years of almost non-stop rule by the business-friendly party. However, many voters remained undecided just days before the vote, the polls showed.

Read the rest of the story: Japan heads to polls, conservative LDP seen returning to power | Reuters.



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